Web3 Services: September 2024 Updates

Web3 Services Developer

blog_w3s-septWe’re excited to share two important launches this month: support for Arbitrum across our Web3 Services product line, and the launch of Compliance Engine for Programmable Wallets. Learn more below.

 

Web3 Services now supports Arbitrum

We’re excited to share that Circle’s Web3 Services product suite now fully supports the Arbitrum One blockchain! That means our Programmable Wallets, Gas Station, and Smart Contract Platform are now build-ready for Arbitrum

Arbitrum One is a Layer 2 (L2) chain on Ethereum that employs rollups to batch transactions and settle them on the Ethereum blockchain, allowing it to handle up to 40,000 transactions per second. For builders, this means you can enjoy near-instant transaction settlement at scale with minimal costs, making it a highly effective platform for a variety of applications — ranging from gaming and social media to decentralized finance (DeFi).

Dive into our dev docs to see how to start building with Web3 Services on Arbitrum.

 

Compliance Engine: integrated risk screening

In September, we launched Compliance Engine for Programmable Wallets. This new feature is designed to assist builders and businesses in navigating the evolving landscape of digital asset regulation. It offers customizable, automated compliance checks, eliminating the need for subscriptions to third-party vendors.

Compliance Engine’s first release offers UI and API access for Transaction Screening, allowing builders to:

  • Automate real-time checks to identify risky transactions
  • Customize rules based on risk type or severity
  • Access dashboard or connect webhooks for real-time reporting


Ready to try out Compliance Engine? Explore our documentation for more info, or jump straight into our Console to start leveraging Programmable Wallets and Compliance Engine.

 

Circle Technology Services, LLC (“CTS”) is a software provider and does not provide regulated financial or advisory services. You are solely responsible for services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws. For additional details, please click here to see the Circle Developer terms of service.

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